Friday, January 9, 2009

30 Minute Gap and Go Breakout - COCO

5 minute chart


Daily Chart - breakout

(Double Click Picture for a Larger View)
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Stock:COCO 5 minute chart
Entry Bar: 7
Entry Green Line: 17.50
Stop Red Line: 17.28
Result: .43 to .78
Setup Grade
: B
Notes:Scale out, stop to even, don't be greedy. Nice break on the Daily Chart.

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.

Learn to trade gaps

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